HD Hyundai Infracore Co. on Monday reported its third-quarter net loss of 25.4 billion won (US$18.4 million), turning from a profit of 49 billion won a year earlier. Operating profit
South Korea on Monday opened its national artificial intelligence research lab, a hub for global AI research projects in Seoul, as part of efforts to become one of the top
Police have secured CCTV footage of a studio apartment owned by former President Moon Jae-in’s daughter as part of an investigation into allegations that she illegally operated a house-sharing business
President Yoon Suk Yeol on Monday urged his senior aides to expedite major reform agenda on pensions, health care, education and labor to achieve tangible results by the end of
The government and private sector will invest a combined 3.7 trillion won (US$2.6 billion) in 26 projects within the manufacturing industry to apply artificial intelligence (AI) technologies aimed at improving
The ruling and main opposition parties on Monday launched a joint consultative body to fast-track bills concerning people’s livelihoods. The bipartisan consultative body was launched in line with an agreement
When director and screenwriter Shin Yeon-shick conceived the idea for his upcoming drama film, “One Win,” he thought of one victory most people yearn to achieve — a moment of
The finance ministry said Monday that the government will utilize foreign exchange equalization funds and other resources available while slashing local subsidies to deal with the expected massive tax revenue
